Fuji Electric Establishes Corporate Office in Sao Paolo, Brazil

Manufacturer Continues Aggressive Growth Efforts in South American
Market

December 10, 2012 07:20 AM Eastern Time

EDISON, N.J.--(BUSINESS WIRE)--Fuji
Electric Corporation of America announced today that it will
establish a corporate office in Sao Paulo, Brazil as part of its ongoing
commitment to increase its business activities throughout Latin America.
With a focus on Brazil, Peru, Chile, and Colombia, Fuji Electric’s South
American efforts began in the 1990’s and have proven to be a profitable
venture for the company. The manufacturer has earned a solid reputation
for quality and reliability in industries such as Energy, Packaging, and
Oil & Gas, and hopes to use their experience to expand into additional
markets.

“Establishing an office in South America was an important step towards
achieving our long-term goals and we are excited about the opportunities
it will mean for our businesses”

“Establishing an office in South America was an important step towards
achieving our long-term goals and we are excited about the opportunities
it will mean for our businesses,” says Phil Charatz, president and CEO
of Fuji Electric Corp. of America. “With the sixth largest economy in
the world1 and a steadily growing GDP, Brazil was a natural
choice for the location of our office. We will continue to focus on
growth in this region, and other areas around Latin America, and I am
extremely optimistic about Fuji Electric’s ability to thrive in this
marketplace.”

Located at Rua Conselheiro Saraiva, 625, Santana, Brasil, “Fuji Electric
Brazil—Equipamentos de Energia Ltda” will formally commence operations
on January 1, 2013, and will be managed by locally hired staff to ensure
smooth communication with domestic companies. Business Units that will
lead the Latin American effort include: AC Drives; Semiconductors; HMI;
Instrumentation & Control; Distribution & Control Equipment;
Photoconductor; Power Generation; and Industrial Equipment.

About Fuji Electric Corp. of America

Fuji Electric Corp. of America is a wholly owned subsidiary of Fuji
Electric Co., Ltd., and has been responsible for sales and distribution
of the company’s products since 1970. Fuji Electric Co., Ltd. has been
developing power electronics equipment since 1923, and is a global
leader in industrial products ranging from semiconductors, power supply,
and power generation equipment to AC drives and electric vehicle
charging stations. For more information please visit www.americas.fujielectric.com
or follow us on Twitter @FujiElectricFEA

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